Tumut Market Update 1 st H a l f 2 0 2 6
OVERVIEW
In Q4 2025, Tumut* recorded a median house price of $490,000 and a median vacant land price of $195,000. This is an annual (Q4 2024 – Q4 2025) price growth of 92.2% for houses, accompanied by a 2.8% increase (to 74 sales in Q4 2025) for houses. Vacant land prices have increased slightly in Q4 2025, and with only 14 sales recorded, it remains a very small market. These indicators suggests a highly demanded house market and an ideal time for owners to capitalise on their investments. Furthermore, without any new ready-to-sell houses planned, buyers must act fast; before houses become undersupplied and there is more price growth.
CHANGE FROM LAST
YEAR
HALF YEAR
FUTURE DEVELOPMENTS Tumut will see approximately $548.5M of new projects commence construction between 2025 and 2027.
Mixed Use $14.6M
HOUSE SALE S HOUSE ME DIAN PRICE
Infrastructure
HOUSE RE NTAL PRICE
$533.1M
LAND SALE S LAND ME DIAN PRICE
The significant influx of infrastructure developments set to commence in Tumut in 2025 and 2027 will stimulate economic growth through local job creation in the construction process and improve liveability for residents in the long run. These include (but not limited to) the Talbingo Battery Energy Storage System ($500.0M) and the Sheahan Bridge Upgrade ($20.0M).
$ MARKET CONDITIONS MEDIAN PRICE Q4 2025
$495K
$195K
MEDIAN PRICE Q4 2025
$475
SALES
AVERAGE DAYS ON MARKET Q4 2025
118
150
HOUSE
L A N D
RENTALS
$350
AVERAGE DAYS ON MARKET Q4 2025
36
36
HOUSE
U N I T
Improved liveability and services can attract more people to live in Tumut, which will increase housing demand There is one residential projects due to commence construction between 2025 and 2027, which is 140 Lambie Street Units (3 Units). The 3 units planned for construction will not be enough. Further, there are no new houses in the pipeline. Tumut will be undersupplied, which will lead to more price growth, for all property types (not just houses).
3 Units/ Apartments